Expert Tenant Broker
We represent you, not the landlord

Rent/Lease Apartment 543-557 W 23rd St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 543-557 West 23rd Street. This trend is projected to continue. Opportunities for subleases remain available at 543-557 West 23rd Street and in the nearby Chelsea neighborhood.

Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

543-557 West 23rd Street Property Overview

Building Address: 543-557 W 23rd St, New York NY 10011
Building Alternate Address: 543-557 W 23rd St
Zip Code:10011
Neighborhood:Chelsea
Borough:Manhattan
Stories:14
Year Built:1914
Building Class:B

543-557 W 23rd St, Manhattan, NYC, is part of the broader area influenced by the development of London Terrace, a significant apartment complex located nearby. London Terrace, built in 1930, replaced earlier structures from 1845 and became one of the largest residential complexes in New York City at the time.

The area around 23rd Street has a rich history, dating back to the Commissioners' Plan of 1811, which established the street grid. Over the years, the street has hosted notable buildings like the Fifth Avenue Hotel and the Hotel Chelsea. The neighborhood has evolved from a fashionable shopping district known as Ladies' Mile to a diverse mix of commercial and residential spaces.

Historically, the area was also home to the New York House of Refuge, a juvenile jail, and later became known for its hotels and department stores. The construction of London Terrace and other developments transformed the area into a densely populated residential hub.

543-557 W 23rd St, Manhattan, NYC


543-557 W 23rd St, Manhattan, NYC, does not have specific building amenities listed in the search results. However, nearby buildings like 555 West 23rd Street offer a range of amenities:

  • Full-time Doorman and Concierge
  • Outdoor Amenities: 12,000 square foot sundeck with fountains, 9,000 square foot landscaped courtyard with a water fountain
  • Fitness Center: 2,000 square foot health club with state-of-the-art facilities
  • Social Spaces: Resident's lounge and club lounge
  • Convenience Features: Laundry room, bike storage, on-site garage
  • Pet-Friendly: Allows cats and dogs

Office tenants at 543-557 W 23rd St, Manhattan, NYC, have rented or leased spaces in this vibrant area. The location offers proximity to popular attractions like the High Line and Chelsea Cove Park, making it an ideal spot for businesses.


Internet providers available at 543-557 W 23rd St, Manhattan, NYC include:

Verizon Fios: Offers high-speed fiber-optic internet with speeds up to 2 Gbps, known for reliability and customer service.

Astound Broadband Powered by RCN: Provides both cable and fiber services with unlimited data, though coverage may vary.

Spectrum: Offers cable internet with speeds up to 1 Gbps, widely available in Manhattan.


543-557 W 23rd St, Manhattan, NYC is located near several transportation options and cross streets. The closest subway stations include the 23 St station, served by lines 1, F, M, 2, N, Q, R, and W, and the 14 St – 8 Av station, served by lines A, C, E, and L.

Bus routes nearby include the M1, M2, M7, and M23-SBS. The cross streets are 5th Avenue and 6th Avenue, providing easy access to various parts of Manhattan.

The area is also accessible by taxi or ride-hailing services for those preferring a more direct route.

Nearby Office Tenants Leased
  • Looker Data Sciences, Inc. leased 33,000 SF at 40 West 25th St
  • Restoration Hardware leased 31,874 SF at 437 West 16th St
  • Infor leased 31,500 SF at 641 Sixth Ave
  • The Epoch Times leased 30,267 SF at 229 West 28th St
  • Swedish Institute leased 30,000 SF at 151 West 26th St
  • Alibaba leased 30,000 SF at 860 Washington Street
  • FXFowle Architects leased 27,300 SF at 22 West 19th St
  • Project Worldwide Inc leased 27,178 SF at 412 West 15th Street
  • Alice & Olivia By Stacey B… leased 27,100 SF at 450 West 14th St
  • Riskified leased 27,000 SF at 220 Fifth Avenue
Nearby Retail Tenants Leased
  • Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
  • Fig & Olive leased 5,000 SF at 416 West 13th St
  • Dalup NYC 1 leased 4,955 SF at 350 Seventh Avenue
  • Lumas leased 4,850 SF at 875 Washington Street
  • World of Beer leased 4,500 SF at 260 West 26th St
  • Thursday Boots leased 4,300 SF at 48 West 21st Street
  • Jarick Collections leased 4,200 SF at 426 West 14th Street
  • Nesso Management leased 4,200 SF at 49 West 24th St
  • Isabel Marant leased 4,070 SF at 210 11th Avenue
  • Callen-Lorde leased 4,069 SF at 155 West 19th Street

Finnerty Economic Consulting, LLC. Testimonial

Finnerty Economic Consulting, LLC. testimonial To Whom It May Concern: My firm engaged Optimal Spaces when I searched for professional office space in New York City in 2005 and again in 2012 when the first lease expired and we decided to look for better office space in midtown Manhattan. I leased office space at 60 East 42"d Street in 2005 and office space at 122 East 42"d Street in 2012 with Stephen's assistance. When I sold my business to AlixPartners in 2014, I recommended that AlixPartners retain Optimal Spaces to negotiate a termination ofthe lease at 122 East 42"d Street. I worked very closely with Stephen Sunderland, Senior Managing Director of Optimal Spaces, during both searches for office space as well as during the lease termination process. Stephen is very knowledgeable regarding the Manhattan office market. His advice proved crucial in negotiating two leases and securing the lease termination on favorable terms. He made himself available on short notice to view properties, and he identified a range of lease opportunities in various locations at different price points. I was able to benefit from his expertise to find suitable space without extensive searching. I would not hesitate to recommend Stephen Sunderland and his firm to anyone who is searching for office space in Manhattan. Very truly yours, John D. Finnerty Managing Principal

Office Buildings in Chelsea